Samuel J. Cusumano Jr. of Florida admits to operating an international credit union to rip off investors.
Widget Financial FCU uncovers $10M scheme by individuals who tried to open 3,493 accounts at 443 banks and credit unions.
Wire transfers by live chat from a trusted computer raise this spectre.
Credit union's loss in $243,000 fraudulent transfer case called an example of difficulty dealing with identity theft.
Appeals judge says Universal Studios Credit Union failed to comply with security measures during bonding period.
The former owner of an Indiana hotel was recently indicted by a federal grand jury for bilking more than $10 million from a credit union and several banks.